More Details of Qatari Investment in Iraq
By John Lee. Further details have been announced regarding Qatar's major investment in Iraq. Estithmar Holding Q.P.S.C. has said in a statement that it has signed three MoUs with Iraq's National Investment Commission (NIC) with a total value of 7 billion US dollars to develop new modern comprehensive cities, 5 stars hotels and also manage […]
Largest Fishery in Iraq to be built in Duhok
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. UK 'extremely supportive' of KRG digitalization process: Diplomat The largest fishery in the Kurdistan Region and Iraq will be built in Duhok province. In the first phase, the fishery will produce 200 tons of […]
Work Starts on building Dabeen Cement Factory
By John Lee. KRG Prime Minister Barzani has laid the foundation for the Dabeen Cement Factory in Safeen. Full statement from KRG Prime Minister, Masrour Barzani, at the opening of the plant: On Thursday June 22, 2023, Prime Minister Masrour Barzani of the Kurdistan Regional Government (KRG) attended the foundation stone laying ceremony of the […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 22nd June 2023). Please click here to view a table of listed companies and their associated ticker codes. Note: ISX will be closed starting from Jun. 27, 2023 (Tuesday) to Jul. 2, 2023 (Sunday) due to the religious holiday of Eid Al-Adha. The […]
Contracts Signed during Saudi Trade Mission to Iraq
By John Lee. The Saudi Export Development Authority (SEDA), "Saudi Exports", has organized a trade mission to Iraq under the theme "Made in Saudi". The event held in Baghdad this week showcased the authority's commitment to developing Saudi non-oil exports and its strategic goal of providing export opportunities for local exporters. According to a report […]
Iraqi President Ratifies Budget
By John Lee. On Wednesday, June 21, 2023, the President of the Republic of Iraq, Abdullatif Jamal Rashid endorsed the country's Federal Financial Budget Law. Approval and ratification of the general budget is a first step in implementing the government's agenda, which includes meeting citizens' needs and enhancing public welfare. Besides improving health and educational […]
KRG PM Launches 'Invest Kurdistan'
By John Lee. KRG Prime Minister Masrour Barzani has launched Invest Kurdistan, a new platform dedicated to investment in the Kurdistan Region. Oddly, the statement did not provide a link to this new platform, but we found it here: https://invest.gov.krd/ From a business perspective, the key points highlighted in the statement are as follows: Investment Opportunities: […]
Video: IBBC Tech Forum on Digital Transformation
By John Lee. The Iraq Britain Business Council (IBBC) hosted a very successful Tech Forum on the topic of "Digital Infrastructure & Transformation", as part of its Spring Conference in London on Friday. The session was chaired by Ashley Goodall, and speakers included: Mr Saquib Ahmed, SAP; Mr Padraig O'Hannelly, Iraq Business News; Mr Mohsen […]
New Shopping Mall Opens in Erbil
By John Lee. Prime Minister Masrour Barzani of the Kurdistan Region of Iraq opened the new Grand Majidi Mall in Erbil this week. The development, by Hewa Holding, promises to provide 1,700 jobs and opportunities for locals. (Source: @masrourbarzani)
Cooperation between Egypt and CBI to Enhance Entrepreneurship
Bassem Rahmi, CEO of Egypt's Micro- Small- and Medium-sized Enterprises Development Agency (MSMEDA) has emphasized the agency's commitment to implementing the political leadership's directives aimed at enhancing cooperation with relevant entities in the development and advancement of the small business sector in Arab countries. The agency seeks to exchange expertise regarding mechanisms that drive the […]
ICF's "In Their Shoes" 5K Registration is Now Open
(Source: ICF)
Korea-Iraq Joint Cmte Resumes, Targets Big Projects
By John Lee. The Korean Ministry of Land, Infrastructure and Transport will hold the 9th meeting of the Korea-Iraq Joint Committee in Seoul on June 21 (Wednesday). The Joint Committee is a joint participation of relevant ministries and agencies from Korea and Iraq, with the Korean delegation consisting of 14 ministries and 5 organizations, and […]